Guterres emphasised the urgent need for increased investment in green energy across the resource-rich continent while speaking at the Tokyo International Conference on African Development.
The UN chief highlighted how renewable energy development in Africa would create multiple benefits for both the continent and global markets.
Guterres delivered his speech against the backdrop of significant shifts in African development financing patterns and growing debt concerns.
The conference occurred as African nations face mounting financial pressures from multiple directions according to recent analyses.
Western aid reductions have further complicated the financial landscape for many African countries according to the UN chief’s assessment.
Guterres issued a strong warning about the dangerous impact of excessive debt on development prospects during his Yokohama address.
The UN leader reiterated Africa’s exceptional potential for renewable energy development given its natural resources and geographical advantages.
The conference attracted significant African leadership participation including several heads of state from key nations.
Kenyan President William Ruto announced progress in clean energy transportation initiatives through social media platforms.
Japanese Prime Minister Shigeru Ishiba unveiled several initiatives aimed at strengthening Japan-Africa cooperation during the conference.
The Japanese leader also proposed infrastructure development plans connecting African nations with Indian Ocean partners.
African leaders expressed their preference for investment-based partnerships rather than traditional aid models during the conference.
Both Tinubu and Ramaphosa, speaking on X, said they wanted a shift from aid to investment partnerships. – AFP
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